Silver Tide Holdings (HKSE:01943) Days Sales Outstanding : 94.31 (As of Sep. 2023)

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What is Silver Tide Holdings Days Sales Outstanding?

Silver Tide Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$131.6 Mil. Silver Tide Holdings's Revenue for the six months ended in Sep. 2023 was HK$254.6 Mil. Hence, Silver Tide Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 94.31.

The historical rank and industry rank for Silver Tide Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:01943' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.43 Med: 44.98 Max: 116.16
Current: 83.33

During the past 8 years, Silver Tide Holdings's highest Days Sales Outstanding was 116.16. The lowest was 24.43. And the median was 44.98.

HKSE:01943's Days Sales Outstanding is ranked worse than
70.79% of 380 companies
in the Building Materials industry
Industry Median: 55.43 vs HKSE:01943: 83.33

Silver Tide Holdings's Days Sales Outstanding declined from Sep. 2022 (177.10) to Sep. 2023 (94.31).

Silver Tide Holdings Days Sales Outstanding Historical Data

The historical data trend for Silver Tide Holdings's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Silver Tide Holdings Days Sales Outstanding Chart

Silver Tide Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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35.23

25.40

54.72

116.16

115.15

Silver Tide Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial									98.28	120.99	177.10	76.77	94.31

Competitive Comparison of Silver Tide Holdings's Days Sales Outstanding

For the Building Materials subindustry, Silver Tide Holdings's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Silver Tide Holdings's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Silver Tide Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Silver Tide Holdings's Days Sales Outstanding falls into.

Silver Tide Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Silver Tide Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (103.891	+	130.885)	/	2 )	/	372.086	*	365
=	117.388					/	372.086	*	365
=	115.15

Silver Tide Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (130.885	+	132.225)	/	2 )	/	254.563	*	365 / 2
=	131.555					/	254.563	*	365 / 2
=	94.31

Silver Tide Holdings (HKSE:01943) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Silver Tide Holdings Days Sales Outstanding Related Terms

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Silver Tide Holdings (HKSE:01943) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Silver Tide Holdings Ltd (HKSE:01943) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

152 Queen’s Road Central, Office floor 29, Queen’s Road Centre, Hong Kong, HKG

Website

http://www.silvertide.hk

Silver Tide Holdings Ltd is an investment holding company. The company is principally engaged in providing construction services including traditional formwork using timber and plywood, system formwork using aluminum and steel, and ancillary works such as concrete works and reinforcement works for the public and private sectors and securities dealing and broking. The company earns maximum revenue from the Construction service segment. Geographically, the company derives revenue from Hong Kong.

Silver Tide Holdings (HKSE:01943) Headlines

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